PE Fund Investments

Sustainability-focused AI-SaaS co AiDash closes Series C funding with $58.5 M led by Lightrock

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Bengaluru-headquartered AI-SaaS company AiDash , which works on climate-resilient and sustainable infrastructure, has closed its Series C funding round at USD 58.5 million led by Lightrock.The latest funding is in addition to the USD 50 million raised by the company in January this year, which drew new investors including Marubeni Corporation, Duke Energy, National Grid, Sabanci Ventures and Edison International, apart from existing investors from including SE Ventures, G2 Venture Partners, Benhamou Global Ventures, and Shell Ventures.AiDash was founded by Vinod Singh, Rahul Saxena and Nitin Das. The company’s total funding till date stands at USD 91.5 million.

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